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Match the framework with the focus of its analysis. Group of answer choices Capture and interpret what is happening ( and what is likely to
Match the framework with the focus of its analysis.
Group of answer choices
Capture and interpret what is happening and what is likely to happen in the macroenvironment in which a business operates. It provides a structured way to account for the trends, forces, and changes beyond the boundaries of the firm, which may impact the operations and markets of the firm.
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Provides a basis to evaluate and understand an industry and its broad set of participants including suppliers, customers, and competitors. It provides a means for managers and practitioners to assess the major factors impacting an industrys profit potential and may help highlight ways that a firm may increase its profit potential relative to the other industry participants.
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Provides managers and practitioners with a complete picture of the competitive landscape confronting a firm. This includes an assessment of the strengths and weaknesses of current and future competitors.
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Systematically identify resources and capabilities that may serve as a key source of sustainable competitive advantage.
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Not only does it illuminate the economic health of an organization relative to its selected peer group, but also it aids in assessing the efficacy of managerial decisions and associate adverse consequences with root causes.
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Understand and interpret the evolution of a market, product, or technology so as to make informed strategic decisions about where value may be created now and in the future.
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Aids the strategist in mapping and understanding a firms potential sources of competitive advantage by decomposing the firm into strategically important primary and support activities.
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